Bulls n Bears Investors Notebook : 30 May 2024

Thu May 30 07:25:29 CAT 2024

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Bulls n Bears Investors Notebook : 30 May 2024

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Econet's free remittance service get thumbs up

Zimbabweans around the country have hailed Econet Wireless and Sasai Money
Transfer's recent initiative to scrap transfer fees on all remittances sent
from to the United Kingdom and South Africa . <https://bullszimbabwe.com/>
Read more >

Mineral output mixed in Q1: CoMZ

ZIMBABWE'S mineral output performance was mixed in the first quarter of this
year, with gold, diamond and coal registering a decline compared to the same
period last year, latest data . <https://bullszimbabwe.com/> Read more >

Fresh calls for African countries to take ownership of debt

AfDB president Akinwumi Adesina and former Mozambican president Joaquim
Chissano are leading debt resolutions talks on behalf of
Zimbabwe.INTERGOVERNMENTAL bodies this week called on African nations to
take ownership of . <https://bullszimbabwe.com/> Read more >

ICT experts welcome move on Starlink
INFORMATION communication technology (ICT) experts have welcomed the move by
President Mnangagwa to allow Starlink to operate in Zimbabwe, saying it is
in line with the Second Republic's developmental agenda .
<https://bullszimbabwe.com/> Read more >

Tobacco sales drop 27 percent

THE volume of tobacco sold since the opening of the country's auction and
contract floors has gone down by 26,88 percent to 155,8 million kgs,
statistics from the industry regulator . <https://bullszimbabwe.com/> Read
more >

April sees decline in export earnings

THE country's export earnings declined by 3,6 percent in April to US$515,5
million from US$534,7 million recorded in March, according to the Zimbabwe
National Statistics Agency (ZimStat). Despite a 3,6 .
<https://bullszimbabwe.com/> Read more >

Manufacturing sector attracts US$128m investments. . . . Country continues
to scale up the re-industrialisation drive

ZIMBABWE's manufacturing sector attracted US$128 million investments in 2023
compared to US$101 million invested in 2022 as the country continues to
scale up the re-industrialisation drive in line with the .
<https://bullszimbabwe.com/> Read more >

Anglo won't extend BHP deadline, threatening end to takeover bid

Anglo won't extend BHP deadline, threatening end to takeover bid The
decision marks a dramatic climax to the five-week battle between two of
mining's biggest names.Anglo American Plc said it .
<https://bullszimbabwe.com/> Read more >

Local firm ABWA undergoes rescue process

Diversified Zimbabwean investment company ABWA Holdings, which has interests
in farming, healthcare, and property sectors, has been placed under a
voluntary corporate rescue, a local bankruptcy protection process, after
becoming . <https://bullszimbabwe.com/> Read more >

General power, duties of a liquidator

Liquidation, in the case of a company, is the process of winding up that
business. In this article I look at the general duties and powers of
liquidators based on .  <https://bullszimbabwe.com/> Read more >

Zimbabwe, DRC trade to expand

THERE is significant scope to expand trade between Zimbabwe and the
Democratic Republic of Congo (DRC), including huge opportunities for
Zimbabwean exporters to supply products and services to the Great .
<https://bullszimbabwe.com/> Read more >

Zimbabwean blueberry producers seek access to Chinese market

At a farm in Marondera, about 80 kilometers east of Harare, the capital of
Zimbabwe, blueberries are ripening in May. Workers carefully pick the plump
berries from the shrubs, making . <https://bullszimbabwe.com/> Read more >

Cotton buying season kicks off next week

The 2024 cotton buying season is set to open next Monday, with cotton
companies finalising the process of obtaining their buying licenses. "The
season is beginning on June 3, (2024) . <https://bullszimbabwe.com/> Read
more >

Google and Liquid Technologies team up to bridge Africa's digital divide

Tech giant Google and pan-African technology leader Liquid Technologies have
announced a groundbreaking partnership to bolster digital connectivity and
security across Africa. This strategic collaboration, dubbed "Umoja"
(meaning "unity" in . <https://bullszimbabwe.com/> Read more >

Zim inflation takes a turn: Local currency sees deflation

The Zimbabwe National Statistical Agency (ZimStats) released inflation
figures for May 2024 this morning, revealing a mixed bag of news for
consumers. While inflation measured in US dollars saw a .
<https://bullszimbabwe.com/> Read more >

Buy Zimbabwe seeks 50% minimum local content requirement

BUY Zimbabwe is aiming to set a minimum local content requirement of 50% for
public procurement in the shortest time to boost the country's domestic
manufacturing, NewsDay Business can report. .  <https://bullszimbabwe.com/>
Read more >

INVESTORS DIARY 2024

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

CBZH

GetBucks

EcoCash

Padenga

Econet

RTG

Fidelity

TSL

FMHL

Post your event (AGM, EGM, Analysts Briefing, etc) on the Investor Diary
free of charge and reach out to the market. We have annual gold prices since
1900, monthly since January 1971 and daily prices since January 2000. We
also provide historical ZSE prices on request.

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DISCLAIMER: This report has been prepared by Bulls 'n Bears, a division of
Faith Capital (Pvt) Ltd for general information purposes only and does not
constitute an offer to sell or the solicitation of an offer to buy or
subscribe for any securities. The information contained in this report has
been compiled from sources believed to be reliable, but no representation or
warranty is made or guarantee given as to its accuracy or completeness. All
opinions expressed and recommendations made are subject to change without
notice. Securities or financial instruments mentioned herein may not be
suitable for all investors. Securities of emerging and mid-size growth
companies typically involve a higher degree of risk and more volatility than
the securities of more established companies. Neither Faith Capital nor any
other member of Bulls 'n Bears nor any other person, accepts any liability
whatsoever for any loss howsoever arising from any use of this report or its
contents or otherwise arising in connection therewith. Recipients of this
report shall be solely responsible for making their own independent
investigation into the business, financial condition and future prospects of
any companies referred to in this report. Other  Indices quoted herein are
for guideline purposes only and sourced from third parties.

 (c) 2024 Web: www.bullszimbabwe.com <http://www.bullszimbabwe.com>  Email:
bulls at bullszimbabwe.com <mailto:bulls at bullszimbabwe.com>  Tel: +27 79 993
5557 | +263 71 944 1674

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